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Asian countries haven't achieved food security despite economic growth: M S Swaminathan -Karthikeyan Hemalatha

-The Times of India CHENNAI: Asian countries have failed to end hunger despite economic growth, says agriculturist M S Swaminathan who is known as the 'Father of the Green Revolution in India.' "Livelihood security and food security depend on agriculture. We have not achieved this despite a spectacular economic and technological growth," Swaminathan said while speaking at the 'Phenotyping for Agriculture Sustainability' conference in Chennai on Monday. Referring to the Food Security Bill...

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Interim Budget 2014-15: Highlights

-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...

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Govt Pegs Subsidy Bill Marginally Higher at Rs 2,46,397 Cr

-Outlook As government seeks to roll out the food law, Finance Minister P Chidambaram today sought to raise total subsidies on fuel, food and fertilisers marginally to over Rs 2.46 lakh crore in the 2014-15 fiscal. Government has increased the food subsidy by a whopping Rs 23,000 crore to Rs 1,15,000 crore for 2014-15 fiscal mainly for implementation of the National Food Security law. According to the interim Budget proposals, subsidy bill on...

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Public Distribution System Reforms and Consumption in Chhattisgarh -Prasad Krishnamurthy, Vikram Pathania, and Sharad Tandon

-Economic and Political Weekly   Chhattisgarh's public distribution system reforms have been lauded as a model for the National Food Security Act, and as one that other states can emulate. Previous research has shown that PDS rice consumption increased in Chhattisgarh following reforms by the Raman Singh government, which began in 2004. However, one-third of PDS rice consumption growth in Chhattisgarh took place before 2004. This finding suggests that the pre-2004 reforms...

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Government Cuts Plan Spending by Rs 79, 790 Crore

-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...

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